Plan Ledger DOL Form 5500 · updated monthly

Reconserve, Inc.401(k)

RECONSERVE 401(K) PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.39%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Reconserve, Inc. reported $68,286 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $697 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.59% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,814th-largest of 9,483 plans among California employers on file, and the 6,197th of 13,661 in manufacturing. In 2024, employees put in $4.81 for every $1.00 the employer contributed; active participation has grown from 328 to 429 since 2022.

Plan summary
Net assets, end of year$18,646,453
Participants with balances284
Active participants429
Employer contributions$299,099
Employee contributions$1,439,418
Employer contribution per active participant$697
Average account balance$65,657
Benefits paid to participants$1,843,611
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 284 accts · $299K emplr
2023$16.2M · 225 accts · $266K emplr
2022$14.3M · 238 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,357
Investment management$412
Total administrative$68,286
The Reconserve, Inc. 401(k) match · 2024
Employer contribution per active participant$697
Median for plans this size$2,416
2024$697 per active participant
2023$742 per active participant
2022$713 per active participant

Reconserve, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$66,942
SHUSTER ADVISORY GROUP, LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$68,286 · 0.39%
2023$54,813 · 0.36%
2022$89,116 · 0.59%
Same employer
Similar plansManufacturing · California
Ampro Computer, Inc. CA$18.8M · 0.51%
California Supply, Inc. CA$18.8M · 0.03%
Razor USA, LLC CA$18.8M · 0.55%
Ink Systems, Inc. CA$18.7M · 0.01%
Jbr, Inc. CA$18.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952466182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.